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One platform for global traditional assets
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Coinbase Bitcoin Premium Index has been in negative territory for 19 consecutive days, currently at -0.0401%. Although it has narrowed compared to previous levels, it still reflects that demand in the U.S. market has not fully recovered. A negative premium indicates that U.S. investors' selling willingness still slightly exceeds their buying willingness. However, from the data trend, the marginal selling pressure is weakening. Next, it is worth watching whether this indicator can return to the positive premium zone. #BTC #Coinbase